For companies located in Quadrant III of the Grand Strategy Matrix, the first strategy recommended is
A) extensive cost and asset reduction.
B) asset expansion.
C) employee expansion.
D) immediate liquidation of assets.
E) divestiture.

Question

Quizplus · Accepted Answer

Companies in Quadrant III of the Grand Strategy Matrix are in a weak competitive position in a slow-growth industry, so extensive cost and asset reduction is recommended to improve efficiency and competitiveness.

For Companies Located in Quadrant III of the Grand Strategy